P/E ratio for Petrobras (PBR)

P/E ratio history for Petrobras from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Exxon Mobil XOM	10.7	1,423.09%	🇺🇸 USA
BP BP	3.62	417.59%	🇬🇧 UK
Hess HES	27.0	3,758.24%	🇺🇸 USA
PetroChina 0857.HK	6.12	774.50%	🇨🇳 China
YPF (Yacimientos Petrolíferos Fiscales) YPF	9.55	1,265.71%	🇦🇷 Argentina
Chevron CVX	11.1	1,488.52%	🇺🇸 USA
Marathon Oil MRO	10.5	1,400.19%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.